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Matching -A Profit Sharing Plan That Permits Employees to Make Salary

Question 20

Multiple Choice

Matching
-A profit sharing plan that permits employees to make salary deferral contributions to the profit
sharing plan on a before-tax basis.


A) 401(k) plan
B) defined contribution plan
C) profit sharing plan
D) managed care program
E) qualified retirement plan
F) vested
G) defined benefit pension plan
H) money purchase plan
I) COBRA
J) cafeteria plan

Correct Answer:

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